Crypto news

As of late, bitcoin has not been the crypto space’s top performing coin. In fact, over the past few weeks, BTC has lost roughly $2,000 from its price, falling from about $12K to the low $10,000 range. According to San Francisco-based digital trading exchange Kraken, things could potentially get a lot worse for the world’s number one digital currency by market cap.Kraken: Things Will Not Be Good This SeptemberIn a recent report, Kraken reminded all traders and investors that September is,...

Two significant NetWalker ransomware attacks have surfaced in the past week. After Argentina’s official immigration agency suffered a hack demanding $4 million in Bitcoin, a recent report revealed that Pakistan’s largest power producer was compromised. The perpetrators demand up to $7.7 million in BTC.$7.7M In BTC Demanded From Pakistan Power ProducerThe cybersecurity website Bleeping Computer reported earlier that the sole electricity provider for Karachi, Pakistan, namely K-Electric, has...

ETH bulls penetrated above a symmetrical triangle pattern, as the price rose from $350 to over $370 as of writing these lines.Against Bitcoin, ETH rebounded from the 0.0329 BTC support to resistance at 0.0361 BTC, which is the current daily high.ETH/USD – Ethereum Penetrated Above The Symmetrical TriangleKey Support Levels: $364, $350, $340.Key Resistance Levels: $380, $400, $410.After finding support at the $324 level over the past week, Ethereum was forced into a short period of...

Politicians in the Swiss senate passed a new set of financial law reforms on Thursday, September 10. The “blockchain act” will provide a clear legal framework regarding cryptocurrency trading and how it relates to securities laws, according to a new report.The proposed legal reforms were agreed upon unanimously by the Swiss House of Representatives in the summer and could come into effect by early 2021. The new laws are expected to give Switzerland the most advanced blockchain regulatory...

A few days after being hacked and drained for $5.4 million worth of digital assets, the European cryptocurrency exchange Eterbase claimed that it had tracked part of the stolen funds to Binance, Huobi, and HitBTC.The company asked for assistance from those exchanges and reassured its users that Eterbase will endure.$5.4M In Crypto Stolen From EterbaseLaunched in 2019, Eterbase is a relatively small Slovakia-based platform that describes itself as “the first regulation-compliant European...

Bitcoin’s price is still whipsawing between $10,420 and $9950, as of today, despite $11 billion which were flooding back into the global crypto market over the last 48 hours.It appears a vast majority of this new investment is pouring into Ethereum, which is enjoying a 7% daily price gain right now and is the best performing crypto-asset in the top 10 cryptos by market cap.According to recent Skew market data, there’s even been a notable uptick in ETH futures trading volume compared to BTC,...

Sushiswap has successfully migrated its liquidity away from Uniswap and the current numbers are interesting.Data shows that there’s currently around $1.3 billion of liquidity locked in Sushiswap where Uniswap only has around $400 million.SushiSwap Completing MigrationSushiswap, the Uniswap fork that took the DeFi space by a storm, has successfully completed its liquidity migration. The protocol is currently working on its own where liquidity providers no longer stake in Uniswap.The process...

EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 967. Im heutigen Video geht’s um folgende Themen: Bitcoin Nachfrage steigt weiter an, DeFi User macht 250k aus $200 & 3 Nationen führen bald staatliche Kryptowährungen ein. 1.) Bitcoin Nachfrage steigt weiter an – Grayscale erklärt wiesohttps://cryptomonday.de/bitcoin-nachfrage-steigt-weiter-an-grayscale-erklaert-wieso/ 2.) User von DeFi-Plattform macht aus 200 US-Dollar 250.000...

This year has certainly been a test of the Ethereum network, pushing it to its limits under unprecedented loads. Users have been disgruntled with sky-high gas fees, but other on-chain metrics have been good for the overall Ethereum ecosystem.Economic Activity SurgesA recent report by analytics firm CoinMetrics has revealed that Ethereum has flipped Bitcoin in terms of seven-day average weekly transfer, which has now reached $3.08 billion compared to $3.01 for BTC.ETH’s 7-day average adjusted...